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Global Solder Resist Ink Market Report Description:
Global solder resist ink market report gives comprehensive outlook on solder resist ink across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global solder resist ink market gives historical, current, and future market sizes (US$ Mn) on the basis of type, application, and region. This report studies global solder resist ink market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global solder resist ink market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global solder resist ink.
Global Solder Resist Ink Market:
The global solder resist ink market is expected to be valued at US$ 463.5 Mn in 2019 and growing at a CAGR of 2.1% over the forecast period to reach US$ 536.1 Mn by 2026 owing to advancements in technology and increasing production in developed countries. Moreover, advantages such as soldering gets much easier as solder doesn’t spread everywhere and gets confined to pads, making things much easier and reliable. Japan is the most important supplier of solder resist ink in the global, though its production is lesser than China. But the advanced technology is origin from Japan, because the headquarters of largest manufacturers like Taiyo and TAMURA are located in Japan.
Asia Pacific dominates the market share in the global market
In 2019, Asia Pacific contributed highest revenue share followed by Europe, and North America in the global solder resist ink market. Asia Pacific region is anticipated to grow with a significant CAGR over the forecast years owing to increasing consumption of solder resist inks in China and China is the largest consumer of inks. Japan offers advancements in technologies. Moreover, 90% of the market share is occupied by top 7 companies, among which Taiyo, the largest manufacturer of solder resist ink has occupied more than half of the global market. North America and Europe are expected to grow with significant CAGR over the forecast years.
Competition Assessment
Key player’s profiles in the global market include:
- TAIYO INK
- TAMURA
- Jiangsu Kuangshun
- Shenzhen Rongda
- Atotech
- HUNTSMAN
- Hitach Chemical
Key Findings of the Report:
- Global solder resist ink market expanding at significant CAGR over 2020 to 2026 owing to increased demand from the PCB manufacturers
- Based on region, Asia Pacific accounted for larger market revenue share in 2019 and projected gain market revenue share over the forecast period
- Players focusing on developments and collaboration strategies to retain market position in global market
Key Features of the Report:
- The report provides granular level information about the market size, regional market share, historic market (2015-2019) and forecast (2020-2026)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Detailed Segmentation
By Type
- Photoimageable Solder Resist Ink
- Thermal Curable Solder Resist Ink
- UV Curable Solder Resist Ink
By Application
- Computers
- Communications Industry
- IC Packaging
- Others
Geography
North America
- USA
- Canada
Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Poland
- Rest of Europe
Asia-Pacific
- Japan
- China
- India
- Australia & New Zealand
- ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Venezuela
- Rest of Latin America
Middle East and Africa
- Gulf Cooperation Council (GCC) Countries
- Israel
- South Africa
- Rest of MEA
Location
GEOGRAPHY
